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Altice strikes deal with SoftBank’s Sprint

Bloomberg Altice USA struck a deal with Sprint Corp. that will allow the cable operator to sell wireless service using Sprint’s network. As part of the agreement, Sprint will use Altice’s broadband infrastructure to strengthen its nationwide wireless network, according to a statement from both companies that didn’t disclose financial terms. Talks between Sprint’s majority owner, SoftBank Group Corp, to ...

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Euro-area economic boom spurs job creation in a decade

Bloomberg Euro-area companies struggling to keep up with booming orders are expanding their ranks at the fastest pace in more than ten years. With a Purchasing Managers’ Index indicating strong momentum at the start of the fourth quarter, the 19-nation economy is on course for growth of as much as 0.7 percent, IHS Markit said on Monday. A gauge for ...

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Dangling 30% raises, European banks hire from US rivals

Bloomberg European investment banks are back in the hiring game, raising the stakes for compensation on both sides of the Atlantic. Firms including Barclays Plc and Deutsche Bank AG have been seeking to regain trading share by poaching personnel from American rivals, according to recruiters. For traders and salespeople who haven’t seen raises in years, the move can be profitable: ...

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Trump pushes Japan to buy military equipment

Bloomberg President Donald Trump urged Prime Minister Shinzo Abe to purchase US military equipment to create jobs in America after telling business leaders that Japan had an unfair advantage on trade. In a joint press briefing with Abe in Tokyo on Monday, Trump hailed the US-Japan alliance even as he called for a reduction in the trade gap between the ...

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UAE always looks to boost its ties with friendly countries

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday, received Alexander Lukashenko, President of the Republic of Belarus, who is currently on an official visit to the country. After welcoming President Lukashenko, the two sides discussed relations of cooperation and friendship ...

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Al Qatami inaugurates ARM 2017 in Dubai

Dubai / WAM Under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of the Dubai Health Authority, Humaid Mohammed Obaid Al Qatami, Chairman of the Board and Director General of the Dubai Health Authority (DHA), inaugurated the second edition of the Annual Radiology Meeting in the UAE (ARM), at ...

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Emirates enhances Nigeria operations with more flights

DUBAI / Emirates Business Emirates announced on Sunday that it will reinstate its second daily service to Lagos and resume operations to Nigeria’s capital city, Abuja, with four weekly flights from December 15. Similar to the current daily service between Dubai and Lagos, the added frequencies to Lagos will be operated with Emirates’ Boeing 777-300ER aircraft, offering eight private suites ...

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Meraas-Visa enter strategic partnership

DUBAI / Emirates Business Meraas announced that it has partnered with global payments technology company, Visa, to create a new and exciting cardholder benefit for Visa premium cardholders in Central and Eastern Europe, the Middle East and Africa. The multi-year agreement will enable Visa Platinum, Visa Signature and Visa Infinite customers to take advantage of a 20 percent discount at ...

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China’s largest PC maker to take over Fujitsu PC arm

Bloomberg Lenovo Group Ltd. unveiled plans to take over Fujitsu Ltd.’s personal computer business for at least $157 million after posting its strongest revenue growth in two years amid signs the PC market is stabilising. China’s largest PC maker reported a 5 percent jump in revenue to $11.8 billion in the quarter ended in September, surpassing projections for $11.3 billion ...

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SoftBank’s Vision Fund to invest in Auto1 Group

Bloomberg SoftBank Group Corp.’s Vision Fund is in talks with Auto1 Group GmbH to invest in the German used-car portal, according to a person familiar with the matter. The Vision Fund is set to invest more than $116 million in Berlin-based Auto1 at a valuation greater than 2.5 billion euros, said the person, who declined to be named as the ...

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